Ford Motor (F) Forecasted to Earn Q1 2019 Earnings of $0.33 Per Share

Ford Motor (NYSE:F) – Piper Jaffray Companies lowered their Q1 2019 EPS estimates for Ford Motor in a research note issued on Thursday, October 25th. Piper Jaffray Companies analyst A. Potter now forecasts that the auto manufacturer will post earnings per share of $0.33 for the quarter, down from their previous estimate of $0.34. Piper Jaffray Companies currently has a “Hold” rating on the stock. Piper Jaffray Companies also issued estimates for Ford Motor’s Q2 2019 earnings at $0.35 EPS, Q3 2019 earnings at $0.33 EPS, Q4 2019 earnings at $0.35 EPS, FY2019 earnings at $1.36 EPS, FY2020 earnings at $1.59 EPS and FY2022 earnings at $2.31 EPS.

Get Ford Motor alerts:

F has been the subject of several other reports. Citigroup lowered their price objective on Ford Motor from $10.50 to $9.90 and set a “neutral” rating for the company in a report on Monday, September 10th. Guggenheim reissued a “hold” rating and issued a $11.50 price objective on shares of Ford Motor in a report on Friday, July 27th. Buckingham Research lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Thursday, July 26th. Nomura set a $9.00 price objective on Ford Motor and gave the company a “hold” rating in a report on Tuesday, August 14th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $11.50 price objective on shares of Ford Motor in a report on Thursday, July 26th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $11.61.

NYSE:F opened at $8.98 on Monday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.08 and a current ratio of 1.21. Ford Motor has a one year low of $8.17 and a one year high of $13.48. The stock has a market capitalization of $35.68 billion, a P/E ratio of 5.04, a price-to-earnings-growth ratio of 1.25 and a beta of 0.86.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The business had revenue of $34.66 billion for the quarter, compared to analysts’ expectations of $32.05 billion. During the same quarter in the previous year, the firm posted $0.43 earnings per share.

Several large investors have recently bought and sold shares of the company. Wealth Advisors of Tampa Bay LLC boosted its position in shares of Ford Motor by 1.3% during the second quarter. Wealth Advisors of Tampa Bay LLC now owns 376,325 shares of the auto manufacturer’s stock worth $4,182,000 after buying an additional 4,766 shares during the period. First Command Bank lifted its position in Ford Motor by 83.9% in the second quarter. First Command Bank now owns 11,438 shares of the auto manufacturer’s stock worth $127,000 after purchasing an additional 5,219 shares during the period. First Command Financial Services Inc. lifted its position in Ford Motor by 83.9% in the second quarter. First Command Financial Services Inc. now owns 11,438 shares of the auto manufacturer’s stock worth $127,000 after purchasing an additional 5,219 shares during the period. WealthTrust Axiom LLC lifted its position in Ford Motor by 5.0% in the second quarter. WealthTrust Axiom LLC now owns 110,300 shares of the auto manufacturer’s stock worth $1,221,000 after purchasing an additional 5,300 shares during the period. Finally, Wetherby Asset Management Inc. lifted its position in Ford Motor by 12.9% in the second quarter. Wetherby Asset Management Inc. now owns 46,639 shares of the auto manufacturer’s stock worth $516,000 after purchasing an additional 5,338 shares during the period. 54.10% of the stock is owned by institutional investors.

In related news, Director John C. Lechleiter bought 10,000 shares of the stock in a transaction dated Thursday, August 2nd. The stock was bought at an average cost of $9.89 per share, with a total value of $98,900.00. Following the completion of the acquisition, the director now owns 45,000 shares of the company’s stock, valued at $445,050. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Steven R. Armstrong sold 13,000 shares of the company’s stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $9.54, for a total value of $124,020.00. Following the transaction, the vice president now directly owns 94,527 shares of the company’s stock, valued at $901,787.58. The disclosure for this sale can be found here. 0.95% of the stock is currently owned by corporate insiders.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Tuesday, October 23rd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.68%. The ex-dividend date is Monday, October 22nd. Ford Motor’s dividend payout ratio (DPR) is presently 33.71%.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.